The Terrorism Risk Insurance Extension Act of 2005 requires the President’s
Working Group on Financial Markets (PWG) to perform an analysis regarding the long-
term availability and affordability of insurance for terrorism risk, including group life
coverage; and coverage for chemical, nuclear, biological, and radiological events; and to
submit a report of its findings to Congress by September 30, 2006.
Our Bayesian approach estimates a time-varying exposure from banks’ gains and
losses on their interest-rate derivative positions. This approach builds on early work by
Gorton and Rosen (1995) who did not have data on market values, because few banks
reported them before the adoption of fair value accounting in the mid 1990s. Instead,
Gorton and Rosen use data on "replacement costs" from the Call Reports, which refers
to the value of derivatives that are assets to the bank (not netting out the liabilities).
Another salient emotion in moving experiences is the feeling of inspi-
ration. The word “inspired” means, in its etymological sense, to be filled
with breath, spirit, and life. Thus, the emotion of learning at its most
powerful is the feeling of increased vitality as we realize our growing
capacity to perceive and act. This particular quality of experience is
addressed indirectly, at best, in mainstream psychological traditions. For
example, the motivation construct of goals...
The publications included in the review reported chemical analyses on 100 distinct
foodstuffs and presented data on 455 nutrients and other substances. Statistical analysis
by foodstuff was impractical given the large array of different foods (and cultivars/breeds)
presented in included publications. The review team therefore decided to facilitate
analysis and interpretation of the available information by categorising the nutrients and
other substances reported into nutrient groups or “families”. ...
This section discusses the development of the contracting literature and contractual uses of accounting. It develops implications for relative abilities of earnings and cash flows to forecast future cash flows and for the times series properties of earnings and cash flows.
The modern economic theory of the firm views the firm as a set of contracts between a multitude of parties. The underlying hypothesis is that the firm's "contractual designs, both implicit and explicit, are created to minimize transactions costs between specialized factors of production" (Holmstrom and Tirole, 1989, p.
Michael Hannan’s paper, for its part, has very strong links to industrial
organization – in fact, I have long wanted to facilitate a discussion between
organizational ecologists like Hannan and indutrial organization economists like Boyan
Jovanovic, Steven Klepper, and Ariel Pakes – but it also has strong connections to
organizational economics. The paper by Barbara Reskin and Denise Bielby is of course
very closely related to labor economics – especially as practiced by economists like, say,
Francine Blau and Claudia Goldin – and it again raises organizational issues.
Vertical shaft kilns are still used in some parts of the world to produce cement,
predominately in China where they are currently used to manufacture nearly half of the
cement produced annually (Wang 2007). A shaft kiln essentially consists of a large drum
set vertically with a packed mixture of raw material and fuel traveling down through it
under gravity. Parallel evolution of shaft kiln technology with the more complex dry
process rotary kilns kept the mix of pyroprocessing technologies in China's cement
industry more diverse than in almost any other country.
Consider the family of sensor routing protocols where each sensor communicates either directly or indirectly
with a base station. In turn the base station correlates and aggregates information from each sensor. Accordingly,
the base station will need to verify the authenticity of the sensor, the integrity of the communication and ascertain
that it is not a replay of an earlier communication. Recall the assumption that the base station is computationally
robust and secure. In our protocol each sensor j shares a unique 64 bit Key Key , with the base station.
Bonds of Blood and Honour” is an introductory adventure for A Game of Th rones
RPG. It is structured around the “Noble House” campaign style. It is not completely scripted,
and requires the GM to fl esh out certain details and make important decisions about some
aspects of the plot. Additionally, it does not provide stat write-ups for the major NPCs, instead
referring to the sample NPCs from the core rulebook. Note that the adventure is written for
the d20-based Open Gaming rules, but includes the corresponding Tri-Stat System rules
[italicised, in brackets], when appropriate.
To address some of the challenges described above, the WHO/HAI Project on Medicine
Prices and Availability has initiated a set of activities to strengthen policy guidance on
issues relating to medicine prices, availability and affordability, with a specific focus on the
needs of low- and middle-income countries. These include a series of in-depth reviews on
policies and other interventions to manage medicine prices, increase availability and make
medicines more affordable.
Medicine availability and prices in both public and private sectors are key indicators
of access to treatment. Surveys of medicine prices and availability, conducted using
a standard methodology, have shown that poor medicine availability, particularly
in the public sector, is a key barrier to access to medicines. Public sector availability
of generic medicines is less than 60% across WHO regions, ranging from 32% in
the Eastern Mediterranean Region to 58% in the European Region. Private sector
availability of generic medicines is higher that in the public sector in all regions.
After providing the basic background in electromagnetic theory necessary to utilize the software, the author of Ebook Antenna and EM Modeling with Matlab describes the benefits and many practical uses of the Matlab. Sergey Makarov's text utilizes the widely used Matlab(r) software, which offers a more flexible and affordable alternative to other antenna and electromagnetic modeling tools currently available.
The purpose of Top-Down Network Design, Third Edition, is to help you design networks that meet a customer’s business and technical goals. Whether your customer is another department within your own company or an external client, this book provides you with tested processes and tools to help you understand traffic flow, protocol behavior, and internetworking technologies.
An organization must provide individuals with an opportunity to choose (opt out) if and how the personal information they provide is
used or disclosed to third parties, if such use is not compatible with the original purpose for which the information was collected.
Individuals must be provided with clear, readily available, and affordable mechanisms to exercise this option.
Ownership rates across all age groups increased between 1985 and 2003. Again, this is a well-
documented and understood change that has been driven by a number of economic factors,
including, but not limited to, falling interest rates, rising standards of living, public policies
helping low- and middle-income families afford home ownership.
Among the elderly population, the ownership rate for population 85 and over exhibited the
highest increase – i.e., 16 percentage points. Data show that the ownership rate peaks at the
age 62 to 74.
UK aid is about generating opportunity and prosperity for poor people in developing countries. This document sets out how we intend to put the private sector centre-stage in doing this. Our new approach to working with the private sector is about us doing more with and for private enterprise, extending this work in new areas, and doing it better. We want private sector thinking to become as much part of DFID’s DNA as our work with charities and governments.
The concentration in the large public company audit market is also
unlikely to be reduced in the near term by midsize and smaller accounting
firms because a significant majority is not interested in auditing large
public companies and those that are interested face various challenges in
expanding their capability to do so. Over 70 percent of midsize and smaller
accounting firms indicated that they were not attempting to obtain large
public company clients.
Efficient ethanol plants can convert 90-97 percent of the corn’s starch
content to ethanol. However, not all batches of corn leave the same amount
of starch residue. Studies of ethanol yields from different batches show
significant variability (Dien et al., March 2002). Even though it is the starch
that is turned into ethanol, researchers have been unable to find a correlation
between starch content (or even starch extractability) and the final yield of
ethanol (Singh and Graeber). Researchers believe some starches are in a
more available form (Dien et al., March 2002).
Social sustainability tends to be viewed as the ‘softer – politically correct’ component of
sustainable development. This is a poor, yet widely-held misreading of the very tangible
benefits social sustainability can bring to a real estate, or as is the focus here, investment in
real estate. Much greater clarity of the influence of social sustainability in what is all too often
a short-term focus on quick returns on is urgently required.
A common argument in favor of usury laws is that without them, borrowers would be
forced to pay exorbitant interest rates, or at least rates that are unreasonable in relation to
the cost of supplying credit.
According to economic theory, a competitive market is sufficient to prevent lenders from
exercising power over pricing or earning more than a normal return. The price established
in a competitive market reflects suppliers' costs of providing the given amount of that good.
To be sure, removing a binding usury ceiling will result in higher interest rates.